Watch List notes:

USA (New Orleans Mint), Seated Liberty half dollar, 1853-O, Arrows and Rays, NGC SS Republic Inscribed / Shipwreck Effect. Unique and interesting piece from this wreck with a contemporary hand carved letter P inscribed into the field to the right of Liberty. An extremely small number of SS Republic recovered halves bear some form of "folk art" engraving done by a person (or persons) prior to or during the Civil War. Beyond the engraving, the coin exhibits crisp almost Mint State details with light saltwater etching across the surfaces and significant luster (especially on the reverse). From: SS Republic, sunk in 1865 off Georgia
($350-500)